means tariff concessions or other obligations or benefits in the field of trade in goods or services, or concerning trade-related aspects of intellectual property rights, that the Union has committed itself to applying in its trade with third countries by virtue of international trade agreements to which it is a party;’;
eu/reg/2021/167
Key facts
Type
Regulation · (EU) 2021/167
Adopted
10 Feb 2021
In force
13 Feb 2021
Made by
Council of the European Union, European Parliament
1a.When selecting measures to be adopted pursuant to point (ba) of paragraph 1 of this Article, the Commission shall always consider measures according to the following hierarchy of steps:
(a)measures relating to trade in services requiring an authorisation valid throughout the Union and based on secondary legislation, or, where no such measures are available,
(b)measures relating to other services in areas where extensive Union legislation exists, or, where no such measures are available,
(c)measures which the information-gathering exercise conducted pursuant to Article 9(1a), as provided for in point (a) of Article 5(1b), has demonstrated would not impose a disproportionate burden on the process of administration of relevant national regulations.
1b.Measures adopted pursuant to points (ba) and (bb) of paragraph 1 shall:
(a)be subject to an information-gathering exercise pursuant to Article 9(1a);
(b)be adjusted, if necessary, by means of an implementing act pursuant to Article 4(1) where, after a review conducted pursuant to Article 9(1a), the Commission concludes that the measures are of insufficient effectiveness or impose an unreasonable burden on the process of administration of relevant national regulations. Such review by the Commission shall be first conducted six months after the date of application of the measures and at intervals of 12 months thereafter;
(c)be subject to an evaluation report, six months after their termination and based, inter alia, on stakeholder input, which shall examine their effectiveness and operation, and draw possible conclusions for future measures.’;